Summer Gas Prices Continue Dropping
Sacramento, July 21- Average retail gasoline prices in Sacramento have fallen 4.4 cents per gallon in the past week, averaging $3.94/g yesterday, according to GasBuddy's daily survey of 720 gas outlets in Sacramento. This compares with the national average that has fallen 3.3 cents per gallon in the last week to $3.57/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Sacramento during the past week, prices yesterday were 4.6 cents per gallon higher than the same day one year ago and are 5.0 cents per gallon lower than a month ago. The national average has decreased 10.7 cents per gallon during the last month and stands 10.4 cents per gallon lower than this day one year ago.
"As expected, motorists continue to see average gasoline prices falling across much of the United States," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "While the chorus is loud, some states in the Great Lakes did see a price jump last week, and as crazy as it sounds, it was due to retail prices falling faster than wholesale prices, likely spurred on by intense competition as prices dropped. Outside of the Great Lakes, prices have been gently falling in the last week- in every state but Wyoming, Ohio, and Indiana, but prices have begun moving lower again in the latter two, while Wyoming prices remain a bit difficult to forecast due to Wyoming's rural geography and low demand. Typically, price changes are felt slower in the Rockies because of lower demand provides a week or several buffer against changes in price taking place nationally," DeHaan said. In all, 13 states saw average prices decline more than 5c/gal.
GasBuddy operates SactoGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 25 million times to help motorists find the lowest gasoline prices in their area.
Follow Us On Twitter @RRToday
Print This Article
Placer County News HeadlinesRocklin Man Victim of Elder Abuse and ID TheftLaura Kirkwood, 23 years old of Sacramento, was arrested and booked at the Placer County Jail on suspicion of elder abuse and ID theft of a 74 year old Rocklin man.
Shocking Find in Colfax Storage Unit: Human RemainsA woman called the Placer County Sheriff's Office to report a foul odor coming from an abandoned storage unit that she had just purchased through an auction
Napa Valley's New Year's Eve Bash in CalistogaCome celebrate the New Year with the return of Celebrate! Napa Valley's New Year's Eve Bash on Dec. 31, 2014 at 10 p.m. in Calistoga, Calif.
Murders by Guns Continue Declining, Suicides On RiseWhile the overall death rate from firearm violence has remained unchanged for more than a decade, the patterns for suicide and homicide have changed dramatically
Sutter Health Donates to Placer Food Bank Roseville, Calif., - One in six people in California go hungry, including many in Placer County. To help provide meals for those in need, Sutter Health provided a donation
Nobel Prize Winner to Speak at MIND InstituteThomas C. Sdhof, recipient of the 2013 Nobel Prize in Physiology and Medicine, will address his research on how defects in a 'glue' that binds together proteins at the neuronal synapses may play a role in the etiology of autism spectrum disorder
New Low Down Payment Mortgages: As Low As 3 PercentRoseville Realtor, Julie Jalone of MagnumOne Realty, writes about new low down payment loans being backed by Fannie Mae and Freddie Mac.
Top 10 Measures Likely for 2016 California BallotThe General Election ballot in 2016 is likely to have more statewide ballot measures on it than California voters have seen in a long time.
Roseville Police Make Arrests in Date Rape Drug InvestigationDetectives from Roseville's Vice and Narcotics Enforcement Team (VNET) are investigating regional sales of a synthetic narcotic drug similar to GHB, better known as the "date-rape drug
Placer Ranch Collaboration for Higher EducationRoseville, CA - Sacramento State, Sierra College and Westpark Communities, the developer of the proposed Placer Ranch, announced today an agreement to collaborate on higher education offerings at Placer Ranch.
Treehouse Masters Christmas Episode Filmed in Placer CountyThe Christmas episode of the very popular TV series "Treehouse Masters" was shot entirely in Placer County.
Coalition for Placer Youth Targets Teen Alcohol UseThe Coalition for Placer Youth and local law enforcement agencies are offering signage to stores that sell alcohol in Placer County, warning patrons about fines and possible jail time